Can you increase your buying team’s efficiency? The answer is yes, and by quite some margin. At Claritum, we work with procurement services organisations to help drive purchasing process efficiencies and savings. These organisations range from small businesses...

Over the last few months we've come across a number of instances where legacy ERP is holding a company back. Whilst many organizations require a single monolithic platform for core processes such as manufacturing and financials, ERP can hinder growth and negatively...

As featured in the ‘The 10 Most Innovative Procurement Solution Providers’ article published in the September 2017 Insights Success Magazine, Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products… Procurement of relatively low cost,...

Claritum’s CEO, James Samuels, has successfully completed the prestigious Goldman Sachs 10,000 Small Businesses programme and will graduate into the Alumni. This programme is exclusively aimed at fast growth businesses in UK and US and provides high-quality, practical...

The Global Chief Procurement Officer Survey published in 2017 by Deloitte produced some very interesting stats. This infographic details a summary of some of those stats along with a Claritum viewpoint...

We’ve packed up the exhibition kit (until the next time) and followed up on all the interesting conversations started during eWorld at the QEII Conference Centre in London. It’s interesting to see how many organisations are still contending with the various process...

We've compiled a list of some of the best must read procurement white papers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supply chain management, tail spend and the future and digitization of...

Tackling Tail Spend is not a quick and easy challenge. It takes perseverance and commitment to hunt down the data, challenge silo approaches, change embedded habits and lock in process improvements and savings. Don’t expect too many quick wins, but the prize is great enough – provided you have a Can Do approach.

Does your organisation struggle with its traditional procurement software?
Many businesses do. I speak to many Procurement Professionals on a regular basis and it’s apparent that an increasing number of companies are finding their procurement software is no longer fit for purpose.
Consider these points for a moment…

With advanced technological advancements storing and generating data from suppliers and customers has never been easier. For the procurement department, which works with many different suppliers, a large range of data will be produced. Capturing and analysing this data properly is crucial if procurement departments want to monitor their effectiveness and improve efficiency.

Procurement is about obtaining goods and services, and processing any operations linked to it. Many companies still use traditional procurement operations despite the many issues associated with them. Traditional procurement process is characterised by being a slow...

“We take pride in ourselves to announce Claritum as one among the 20 Most Promising Supply Chain Tech Solution Providers 2016,” said Jeevan George, Managing Editor of CIOReview. “Claritum offers a range of additional services, which gives clients the option to enhance...

Are you still using manual procurement processes for raising orders, ordering goods and reconciling invoices? Most companies we speak to are considering digitizing their procurement operation in some way. Using digital technology to transform the procurement processes...

The traditional view of procurement, promoted by large consultancies, is to focus on managing the top 80% of spend and ignore the 20% of spend in the tail. The argument for ignoring spend is that there are few opportunities for savings. However, as "sourcing doctor"...

We are delighted to be listed as a 2016 Provider to Watch by Spend Matters. At Claritum, we’re focussed on helping clients gaining visibility and control of their tail spend, and Spend Matters have recognised our innovative cloud based platform. We’re looking forward to another successful year.

Do you have a tail spend problem? Here is our list of 5 signs that show you could have a problem with tail spend. 1Your finance team come up with different numbers to your procurement team Many organisations rely on poor quality information such as simple summaries of...

The goal of automation in procurement should be to speed up processes and free employees from repetitive time consuming admin. This will enable staff to focus on higher value tasks. In procurement a high percentage of jobs and processes are repetitive or similar which...

As 2016 kicks off it’s worth taking a looking at the technologies that are continuing to disrupt the traditional procurement space. For procurement professionals and forward thinking procurement service providers, staying ahead of technology is critical to achieving...

We all like to start the New Year with good intentions and aspirations about what we will achieve during the coming year. If you intend to make 2016 a year in which you grow your business here are a few ideas that might help.

Keeping up to date with constant change is one of the challenges of being a procurement professional. Fortunately there are some great procurement blogs and resources out there to help you stay up to date with all the latest ideas and innovations.

In procurement circles, it is widely accepted that the Pareto Principle holds true. 80% of a companies spend touches just 20% of suppliers. Conversely, 20% of a company's annual spend is with 80% of the supplier base. Naturally, when companies are looking for cost...

Todays chief procurement officers have to face many procurement challenges in an increasingly complex environment. They can no longer focus purely on reducing costs and delivering goods and services. As the role of procurement within organisations continues to expand...

Claritum have helped many organisations analyse what they currently spend and identify savings opportunities and we know it can be a daunting task. However, a spend analysis can lead to significant savings opportunities so below we have summarised how to carry out a...

20% of the typical companies spend is complex expenditure but many companies struggle to account for this type of spend. Do you know how much your business spent today on complex products & services… …locally, nationally or globally? How much do you spend on...